Azoty mulls set-up of coal gasification power plant

Poland’s largest chemical holding Grupa Azoty is considering the construction of zero-emission coal gasification power plant, according to Rzeczpospolita daily . The newspaper informs that the investment would cost €1 billion. The government, which has been trying to increase domestic coal demand and thus support the ailing mining sector, is strongly backing the project. "Grupa Azoty admits that it is returning to the project after nearly five years since its suspension. The new power plant might be located in Kędzierzyn-Koźle," Rzeczpospolita reads.

WSE-listed Grupa Azoty, Puławy-based company specializes in the production of mono-volumes of nitrogen fertilizer and one of the world's largest producers of melamine.